Designing a Monetary Policy Mechanism Based on Policymaker’s Reputation and Rational Agent’s Power
One of the most challenging issues related to the monetary policy is the causes and origins of inflationary shocks and biases. There are two approaches to the monetary policy in general: first, monetary policy based on discretion, and second, monetary policy based on a specific rule. Economists of N...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
| Published: |
Development and Foresight Research Center
2020-11-01
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| Series: | پژوهشهای برنامه و توسعه |
| Subjects: | |
| Online Access: | https://www.journaldfrc.ir/article_109232_85412d2742008abe090c9cf510e0dd00.pdf |